Business Details
31 Years
experience
Your Trusted Freight Audit & Payment Partner Since 1995
VTM Inc (VTM) has been a global leader in freight audit and payment solutions since 1995. Our cloud-based TRANSWARE platform combines automation with expert decision-making to streamline transportation costs, optimize efficiency, and deliver actionable analytics for shippers and carriers worldwide. Founded by Tom Sack and Scott Shearon after decades of experience at Chase Trans Info, weve pioneered industry advancements like EDI integration, electronic rating, and foreign currency payments. With 29+ years of experience, our team has managed over $0 Billion in distributed funds and 0 Million+ audited invoices.We specialize in pre-shipment rating, touchless GL coding, accrual reporting, and secure multi-currency payments while maintaining active credit terms management. Our solutions adapt to businesses of all sizes, offering flexible integration with minimal IT involvement. Trusted by automotive, biotech, and e-commerce leaders, we provide 24/7 expert support and a 30-day free trial for our claims management software. Our commitment to innovation ensures clients receive precise cash management controls, 95% same-day invoice processing, and over 90% EDI transaction efficiency.
Services
Freight Audit
Payment Solutions
Analytics
Claims Management
Rating Solutions
Details
- Year established: 1995
Highlights and features
- 29+ years of industry-leading freight audit expertise since 1995
- 90%+ EDI transaction utilization for efficient processing
- 95% same-day invoice audit and payment preparation
- Global network supporting multi-currency carrier payments
- Customizable solutions for shippers of all sizes with minimal IT involvement
Services
Freight Audit
Our freight audit service identifies invoice inaccuracies through pre-payment controls, eliminating errors before fund requests. Using advanced automation and 29+ years of expertise, we correct carrier billings, manage credit terms, and ensure precise transportation cash flow. Clients save 200-400% on processing fees by resolving 1 in 4 invoices with accuracy issues.
Payment Solutions
We offer secure, multi-currency carrier payments through ACH, wire transfers, or client-managed disbursements. With 90%+ EDI transaction processing, we provide real-time payment status tracking and remittance details. Our system ensures 95% same-day invoice processing while applying carrier-specific payment terms for optimized cash management.
Analytics
TRANSWARE analytics deliver actionable KPIs through customizable dashboards and reports. Our AI-powered GL coding and normalized database enable real-time spend visibility, accrual accuracy, and carrier performance tracking. Clients gain strategic insights for optimizing transportation networks and reducing costs.
Claims Management
TRANSWARE Claims streamlines freight claims with automated form generation, document management, and status tracking. Our platform reduces manual work while maximizing recovery through integrated workflows, proof-of-payment support, and expert carrier coordination for damaged or lost shipments.
Rating Solutions
Our pre-shipment rating engine compares carrier rates in real time to identify least-cost options. TRANSWARE provides accurate accruals using actual contracted rates, enabling financial planning and GL allocation. This solution ensures optimal carrier selection before shipment tendering.
People
Tom Sack
Co-Founder
With 39+ years in transportation management, Tom co-founded VTM in 1995 after leading Chase Trans Info acquisitions. He pioneered EDI integration and foreign currency payment systems, driving VTM's evolution into a global freight audit leader.
Scott Shearon
Co-Founder
Scott has 39+ years of logistics expertise, co-founding VTM after managing Chase Trans Info's sale. He oversaw CTI Logistics' growth and sale, bringing deep industry knowledge to VTM's carrier relationship strategies and technology implementations.
Questions
What freight audit services do you offer?
We provide comprehensive freight audit services including pre-payment error detection, carrier billing correction, GL coding automation, and multi-currency payment processing with 90%+ EDI efficiency.
How can I check invoice payment status?
Use TRANSWARE™ for real-time status tracking, our online lookup tool with invoice number/date/amount, or contact carrier support for remittance details and payment confirmation.
What payment methods do you support?
We support ACH transfers, wire payments, client-managed disbursements, and check payments with flexible options for global carriers requiring multi-currency settlements.
How quickly are invoices processed?
95% of invoices are audited, coded, and ready for payment within 24 hours of receipt through our automated system with carrier-specific payment term applications.
Do you offer claims management solutions?
Yes, TRANSWARE™ Claims provides automated claim form generation, document management, and carrier coordination with a 30-day free trial available for new users.
What reporting capabilities exist?
Our platform offers customizable dashboards, standard KPIs, and ad-hoc reporting with data from accruals, invoices, and shipments for actionable supply chain insights.
